- Trans-Siberian Gold subsidiary ZAO Trevozhnoye Zarevo (TZ) has entered into an agreement with VTB Bank for an additional $5m debt facility.

As with the $15m re-financing that was announced on 20 June 2017, the terms of this new facility represented a material improvement on the terms of TZ's previous borrowing.

The interest rate per annum had been reduced by about 30%.

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